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Author Topic: Bitmark  (Read 602400 times)
Este Nuno
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July 19, 2014, 02:58:58 PM
 #601

My time is running out on my leased rig. I'm going to rent another one, but I'm not sure how much time I should rent it for since I want to switch over to the IPM when I can. Any estimates so I don't make a lease that's too long?
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coinsolidation
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July 19, 2014, 03:01:20 PM
 #602

The full details of Bitmark can be found on the first post in this thread, a list of all milestones and updates is also provided and kept up to date.

Decentralization of Supply and Distribution and Spreading out the Bitmark Network Update
Yesterday we started and completed our first effort to decentralize the hashing power of the Bitmark Network.

1. xHash.net have added a Bitmark Pool and the process went smoothly, Thank you.
2. P2Pool is ready. Thank you to TheDirector helped with this work.
3. Our checkpoints were updated on github if you are building from source, further solo miners joined our network.
4. miningpool.co continued to prove stable and it's cumulative hashrate dropped to well under 50%.
5. The Investor Public Mining Pool Test has completed two rounds, and development of the automated IPM Pool is well under way.

This was a big day for the Bitmark Network, I wish to thank everybody for their efforts, and for their fair distribution of hashing power. It will serve well for our future.

Investor Public Mining (IPM) Pool Test Update

First Round Funds Distributed
The results of the First Round have been distributed.
Code:
Status: confirmed, broadcast through 7 nodes
31.9998 BTM to Bitmark Foundation bQmnzVS5M4bBdZqBTuHrjnzxHS6oSUz6cG
304.00 BTM to bDz5HR4xQCKsXw97riGN5yCss7FBaEncQ6
304.00 BTM to bYBJ77hXNiBBzLhaRZgpsDMZd3qZ3hnzi3
Transaction fee: 0.0005 BTM
Net amount: 640.0003 BTM
Transaction ID: 883c20f3a42ae71c880832ad65ecbadb99400eedbcca2a87dc7cbae24a43f1c3-001

Second Round Results
The second IPM Pool test went well, performing as expected, and again minting 608 BTM for the investors and 32 BTM for the Bitmark Foundation.
Code:
Time Period: 3 Hours
Network Difficulty: 32.2279
Network Block Target: 90
Network Block Created: 111
Network Performance: 1.233x
Target Net Hashrate: 1,153.48 MH/s
Average Net Hashrate: 1,422.62 MH/s
IPM Pool Hashrate: 403 MH/s (35% of target)
IPM Pool Network %: 28.34%
IPM Pool Block Target: 31 Blocks
IPM Pool Blocks Found: 32 Blocks
IPM Pool BTC/MH/day: 0.00013196 BTC
Production Cost/BTM: $0.0521 USD, 0.00008310 BTC
Investor Cost/BTM: $0.0548 USD, 0.00008747 BTC
BTM Cost Change: +86.185%

Round Three Estimate
Code:
Time Period: 12 Hours
Network Difficulty: 32.2279
Network Block Target: 360
IPM Pool Block Target: 126 Blocks
Production Cost/BTM: $0.0521 USD, 0.00008310 BTC

Round Four Estimate
Code:
Time Period: 24 Hours
Network Difficulty: 44
Network Block Target: 720
IPM Pool Block Target: 252 Blocks
Production Cost/BTM: $0.0784 USD, 0.00012500 BTC
BTM Cost Change: +43%

The Investor Public Mining Pool Test will conclude after Round Five, in 2 days.
There is still space available if you would like to help us test and acquire some BTM at a cost close to that of production.
The available investment slots cumulatively total 0.95 BTC, you can reasonably expect to receive 1 BTM per 0.00012500 BTC. Investment Slots are issued on a first come first served basis.
If you would like to join in the BTC address is 18rai2ichzUfXG6PVmUQLNPqBjtctnVRAD and I require your Bitmark address by return to send the BTM minted to you.

It should be made clear that the IPM Pool is non-profit, the word Investor is used to describe the role those using the pool see themselves in.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
robinf
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July 19, 2014, 03:43:51 PM
 #603

How to get Bitmark?

coinsolidation
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July 19, 2014, 03:49:14 PM
 #604

How to get Bitmark?

Here is the Bitmark Release if that is what you are looking for.
To get some BTM at a fair cost you can either mine it directly, or indirectly through the ipm pool test as detailed in the previous post.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
emdje
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July 19, 2014, 04:37:48 PM
 #605

He Mark are you intentionally preventing me from mining BitMark by renting my rig again? (Joking)
Glad you like the rig. Currently not hashing so great..... Is that due to a test you are running?

The last round consisted of 30 hired mining rigs and on average they performed exactly as required.
Could you provide more details as to how it was not hashing so great, was it rejects or a the difficulty inappropriately set or something else?

I will post the details of the last round very shorty.


The miningrigrental statistics show that the first 50 minutes were not so great. The CGminer log however does not show more rejects, or hardware errors, it actually reports around or slightly more than 29MH/s.
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July 19, 2014, 05:01:55 PM
 #606

I invested 0.2 BTC into ITM pool.

Transaction ID:  https://blockchain.info/tx/ce8502b2b7f5a2d58b2f1c0d25f19248ceb12b87a01de0be18e5c40dd781e244
coinsolidation
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July 19, 2014, 06:54:14 PM
 #607

Get Marked

From IRC
Quote
[19:37] <@MarkPfennig> Este, Pablo, when you were both in school, and the teacher took your work and checked it over, did you say that they had "marked" your work?
[19:41] <EsteNuno> yeah
[19:42] <EsteNuno> some might say graded
[19:42] <EsteNuno> but marked was the most common
[19:42] <@MarkPfennig> I was thinking about a button people could use, which said "Mark me", and another which said "Mark my work", when you clicked them they would be bitmark urls, so allow people to send a small amount of bitmark (some marks) to those people, the first would be social, the second would be used like flattr and on open source projects
[19:42] <@MarkPfennig> if successful "mark" would be the daily use currency, and primary brand, "bitmark" is just for our bootstrapping phase
[19:42] <@MarkPfennig> what do you think?
[19:42] <EsteNuno> sounds like a cool idea
[19:44] <EsteNuno> i could see people having it on their blogs and such
[19:44] <@MarkPfennig> "Bob just Marked you [amount]", "You have 123.21 Marks"
[19:44] <EsteNuno> you could still keep bitmark as the currency name but just use mark as the verb in this case
[19:45] <EsteNuno> unless you mean mark as in the unit of bitmark
[19:46] <EsteNuno> bitmark helps people associate it with bitcoin which is good for now since people are just barely understanding bitcoin at this point
[19:46] <EsteNuno> average people
[19:46] <EsteNuno> maybe not understanding it, but being aware anyway
[19:47] <@MarkPfennig> yes, I agree, Bitmark is the currency, a mark is just 0.001 bitmark, so both as a verb and a unit of currency.
[19:47] <EsteNuno> right
[19:47] <@MarkPfennig> do you know soundcloud?
[19:47] <EsteNuno> yeah
[19:48] <@MarkPfennig> if you could "mark a song" on soundcloud today, that would be a tip. Which would be fine for services like that to add I think.
[19:48] <@MarkPfennig> as value increased, "marking" a song or product, would literally be paying for it.
[19:48] <EsteNuno> yeah it would be a perfect place for that
[19:48] <@MarkPfennig> it could be a back door in to adoption, it encourages people to view a mark as something of value, and to think of it in the context we use money
[19:49] <EsteNuno> yeah, definitely
[19:50] <@MarkPfennig> just an idea .. two or three little buttons would be nice, I could then make a small generator for people on the website.. perhaps even getmarked.com or something like that
[19:50] <EsteNuno> i like the idea a lot
[19:50] <@MarkPfennig> Smiley
[19:50] <EsteNuno> things like that can really help us reach out beyond bitcoin
[19:51] <EsteNuno> get people who use BTM as their first crypto
[19:52] <EsteNuno> most post-bitcoin cryptos other than dogecoin don't even really consider that
[19:52] <EsteNuno> but i think it's important
[19:54] <EsteNuno> plus it will be easy to answer the question of "why bitmark over bitcoin" from someone who has heard of bitcoin but not bitmark yet by showing them how it can be used and the fact that it's faster and +++
[19:54] <@MarkPfennig> yes I feel the same, of the most importance
[19:55] <@MarkPfennig> a nice thing for us, is that to give somebody 500 marks free, is only 0.5 BTM, about 2 or 3 cents
[19:55] <EsteNuno> yeah
[19:55] <@MarkPfennig> and 500 marks could last a person a very long time
[19:56] <@MarkPfennig> and potentially be 500$
[19:56] <@MarkPfennig> also, if it takes somebody 4 months of blogging to get 1000 Marks, then 1 bitmark will represent something of value, something to be earned
[19:57] <EsteNuno> yeah, people will want to complete a full BTM
[19:58] <EsteNuno> like a game at first, then later more about the value as it grows
[19:59] <EsteNuno> people like to collect things
[20:00] <EsteNuno> not like a game in the sense that it has not value, but psychologically motivated to complete the whole
[20:01] <EsteNuno> just like people now often strive to save 1 BTC or round numbers of BTC
....
[20:03] <EsteNuno> getting a full BTM from getting "Marked" could be like a badge

What do you all think of this?

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
pabloangello
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July 19, 2014, 07:06:50 PM
 #608

From IRC:

Quote
[19:37] <@MarkPfennig> Este, Pablo, when you were both in school, and the teacher took your work and checked it over, did you say that they had "marked" your work?
[19:41] <EsteNuno> yeah
[19:42] <EsteNuno> some might say graded
[19:42] <EsteNuno> but marked was the most common
[19:42] <@MarkPfennig> I was thinking about a button people could use, which said "Mark me", and another which said "Mark my work", when you clicked them they would be bitmark urls, so allow people to send a small amount of bitmark (some marks) to those people, the first would be social, the second would be used like flattr and on open source projects
[19:42] <@MarkPfennig> if successful "mark" would be the daily use currency, and primary brand, "bitmark" is just for our bootstrapping phase
[19:42] <@MarkPfennig> what do you think?
[19:42] <EsteNuno> sounds like a cool idea
[19:44] <EsteNuno> i could see people having it on their blogs and such
[19:44] <@MarkPfennig> "Bob just Marked you [amount]", "You have 123.21 Marks"
[19:44] <EsteNuno> you could still keep bitmark as the currency name but just use mark as the verb in this case
[19:45] <EsteNuno> unless you mean mark as in the unit of bitmark
[19:46] <EsteNuno> bitmark helps people associate it with bitcoin which is good for now since people are just barely understanding bitcoin at this point
[19:46] <EsteNuno> average people
[19:46] <EsteNuno> maybe not understanding it, but being aware anyway
[19:47] <@MarkPfennig> yes, I agree, Bitmark is the currency, a mark is just 0.001 bitmark, so both as a verb and a unit of currency.
[19:47] <EsteNuno> right
[19:47] <@MarkPfennig> do you know soundcloud?
[19:47] <EsteNuno> yeah
[19:48] <@MarkPfennig> if you could "mark a song" on soundcloud today, that would be a tip. Which would be fine for them to add I am sure.
[19:48] <@MarkPfennig> as value increased, "marking" a song, would literally be paying for it.
[19:48] <EsteNuno> yeah it would be a perfect place for that
[19:48] <@MarkPfennig> it could be a back door in to adoption, it encourages people to view a mark as something of value, and to think of it in the context we use money
[19:49] <EsteNuno> yeah, definitely
[19:50] <@MarkPfennig> just an idea .. two or three little buttons would be nice, I could then make a small generator for people on the website.. perhaps even getmarked.com or something like that
[19:50] <EsteNuno> i like the idea a lot
[19:50] <@MarkPfennig> Smiley
[19:50] <EsteNuno> things like that can really help us reach out beyond bitcoin
[19:51] <EsteNuno> get people who use BTM as their first crypto
[19:52] <EsteNuno> most post-bitcoin cryptos other than dogecoin don't even really consider that
[19:52] <EsteNuno> but i think it's important
[19:54] <EsteNuno> plus it will be easy to answer the question of "why bitmark over bitcoin" from someone who has heard of bitcoin but not bitmark yet by showing them how it can be used and the fact that it's faster and +++
[19:54] <@MarkPfennig> yes I feel the same, of the most importance
[19:55] <@MarkPfennig> a nice thing for us, is that to give somebody 500 marks free, is only 0.5 BTM, about 2 or 3 cents
[19:55] <EsteNuno> yeah
[19:55] <@MarkPfennig> and 500 marks could last a person a very long time
[19:56] <@MarkPfennig> and potentially be 500$
[19:56] <@MarkPfennig> also, if it takes somebody a 4 months of blogging to get 1000 Marks, then 1 bitmark will represent something of value, something to be earned
[19:57] <EsteNuno> yeah, people will want to complete a full BTM
[19:58] <EsteNuno> like a game at first, then later more about the value as it grows
[19:59] <EsteNuno> people like to collect things
[20:00] <EsteNuno> not like a game in the sense that it has not value, but psychologically motivated to complete the whole
[20:01] <EsteNuno> just like people now often strive to save 1 BTC or round numbers of BTC

What do you all think of this?

Sounds useful.
I think more people should join IRC room and discussion Smiley
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July 19, 2014, 08:59:37 PM
 #609

Calm before the storm. I feel ozone in the air.
Juston Point
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July 19, 2014, 11:38:24 PM
 #610

Just want to think the person who rented our miner. Thank for showing us the future. As soon as there done they will become part of the community..
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July 19, 2014, 11:51:22 PM
 #611

Just want to think the person who rented our miner. Thank for showing us the future. As soon as there done they will become part of the community..

Juston Point, and all fair miners.

I have been speaking to a group of syndicate miners, I think we have a solution which will help all of you financially, and our growing community.

After checking the details I will propose it here soon.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
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July 20, 2014, 12:48:08 AM
 #612

Just want to think the person who rented our miner. Thank for showing us the future. As soon as there done they will become part of the community..

Juston Point, and all fair miners.

I have been speaking to a group of syndicate miners, I think we have a solution which will help all of you financially, and our growing community.

After checking the details I will propose it here soon.

Any help would be greatly appreciated. Took everything me and a friend had and brought 35mh on a hope and prayer.. our goal is to keep adding more machines.
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July 20, 2014, 01:33:13 AM
 #613

Miners and Investors
This is a proposed modification to the Investor Public Mining (IPM) Pool
The IPM Pool allows investors to indirectly provide up to 35% of the Bitmark Network hashrate through renting miners. Allowing investors a chance to acquire BTM at a price close to that of production.
IPM's variable hashrate according to difficulty provides a range of benefits to users, developers, miners and investors, whilst balancing their needs in a fair manner. It is discussed in the document in greater detail.

A key detail of the IPM Pool is that it relies on rented hashing power.

This modification allows for the IPM Pool to directly hire fair mining entities who wish to support the Bitmark network, and provides a revenue stream for them which should be more profitable than using existing multipool or switching pools.

Let us consider some example figures for a 100MH/s mining rig.

Mining Rig Running Cost: 0.0007500/MH/day (0.075 for 24 hours)
Rental price to the IPM Pool: 0.001/MH/day (0.1 for 24 hours)

Instead, the IPM Pool will rent the mining rig for 32 Hours at the running cost of 0.0007500, providing you with the full 0.1 BTC required to operate the mining rig for the period.

a) For the first 24 hours the mining rig is run on the Bitmark IPM Pool.
b) For the remaining 8 hours it is run on a secondary standard Bitmark pool.

The BTM generated under pool (a) follows the IPM proposal, with 4% to the bitmark foundation, 96% to the investors.
The BTM generated under pool (b) is split 3% to the bitmark foundation, 97% to the mining entity.

The Bitmark Foundation receives the same daily donation as 5% under the current proposal. 0.25% of total supply over 280 days, capped at 70,000 BTM.

This allows miners to cover all of their mining rig costs in BTC, whilst taking all profit in BTM.

If a percentage of the BTM generated by the miner (or for a syndicate, operators and investors) needs to be moved in to another currency, then that creates some downwards pressure on the bitmark markets.

This downward pressure is good, as it stops the market price from drifting too far from the production cost, allowing users and non IPM Pool investors to acquire some BTM at a fair price too.

The 'price-tag' of the Bitmark will then be pinned within a reasonable variance to the 'production cost', both of which would be determined by the network difficulty.

The network difficulty is then a measure of demand.

The demand is the remit of the Bitmark Foundation and the Community, both of which are supported greatly by the balance of investors and miners created by IPM.

I feel this balances the interests of everybody, and makes both the price-tag of BTM and the bitmark network harder to manipulate by bad actors.

As demand for bitmark grows, so does the difficulty, which enables the IPM Pool to hire more miners and bring them in to the fold as fair miners.
The investors gain because production cost rises pushing the price on markets upwards towards the increased production cost.

All of the existing benefits of IPM are then magnified greatly.

The real figures will need to be calculated, if you all agree that the theory is sound and that it is an interesting proposition.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
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July 20, 2014, 03:37:22 AM
 #614

Mark, I agree your theory is sound.

Also, I like the getmarked.com proposal, it is imperative that we promote Bitmark further.

I would also like to suggest that we begin documenting a proposal for the transition form Bitcoin to Bitmark. This is a very ambitious plan, but one that is necessary. The future of the crypto depends highly on ease of use. From small to large scale, secure and fast transactions, the Bitmark model is better adapt for commercial use. I will begin a proposal for this transition, as I do believe an enterprise / executive level model will be necessary for businesses to transition to Bitmark in the future (1-3 years). I would greatly appreciate the communities input, as well as your thoughts on this Mark.

Thanks,
Medic

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Bitmark: Project Manager & PR Coordinator


BTC: 1FEi8MSP3ccoqLah8EcxfGZVHUViEmQfvQ

BTM: bNidDXnRu5fuD8Th7cPFh7jnPdyAhMh7Nr
DarkhorseofNxt
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July 20, 2014, 03:45:22 AM
 #615

If i may suggest something. In Nxt, we have a mining asset, which we buy ghs for life which mines btc and in the end of the week those btc is converted to nxt and paid as dividends. Can't we do the same?

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July 20, 2014, 12:13:28 PM
 #616

Mark, I agree your theory is sound.

Also, I like the getmarked.com proposal, it is imperative that we promote Bitmark further.

I would also like to suggest that we begin documenting a proposal for the transition form Bitcoin to Bitmark. This is a very ambitious plan, but one that is necessary. The future of the crypto depends highly on ease of use. From small to large scale, secure and fast transactions, the Bitmark model is better adapt for commercial use. I will begin a proposal for this transition, as I do believe an enterprise / executive level model will be necessary for businesses to transition to Bitmark in the future (1-3 years). I would greatly appreciate the communities input, as well as your thoughts on this Mark.

Thanks,
Medic

Thank you as always for your support and kind words.

Adoption
Creating GetMarked will be enjoyable, I feel it is something my friends and family would use.

Reputation systems such as scores, karma, and likes have proven successful, Marks are a distributed reputation system which can follow a user around the web, and also real life. The novel part is that they are backed by currency, they are literally currency, the more the marking system is used the higher the value of each single mark. This adds a layer of competition and incentivization for users, they will compete for marks and watch the value rise. Natural milestones exist, to get 1000 Marks, and later 100, adoption milestones where a mark is worth a cent, then ten. Eventually marking something could be synonymous with paying for something. Marks are to be earned, each mark earned by an individual adds value to all.

Consider marks to be spendable karma, an amusing post on a social network could pay for your coffee, marking a video of the crisis in syria could pay for aid on the ground, marking an article about a mistreated animal could pay for it's shelter, and marking this idea could pay for it's creation.

If I can explain it's far reaching impact in under a minute, then getmarked has merit and should be a priority for our project.

Transitioning
The process of a business transitioning from Bitcoin or Bitcoin based currencies to Bitmark is not so ambitious, and not so hard.

The question of 'Why?' is the one we must answer with a list of things of things which earn and maintain value. There are early bird incentives for any business who may adopt and take profit in BTM, the profit margin on a pair of shoes today may pay for a new point of sale terminal later.

Many of the technical considerations are minimal to any business who already uses cryptographic currency, as bitmark is always based on the current release of bitcoin, it is completely compatible today and next year.

I agree that it is wise to start work on an executive level model, and something which answers questions like 'can we use the same address?' and 'will our ecommerce system work with bitmark?', the answers to which we know are no and yes respectively.

You can be sure that both the community and I will support you in creating the document, as you are part of the community and we can all see this kind of support is what drives the project.

If i may suggest something. In Nxt, we have a mining asset, which we buy ghs for life which mines btc and in the end of the week those btc is converted to nxt and paid as dividends. Can't we do the same?

The ability to do this in any manner for any set of currencies already exists, anybody can do it in any direction. The flow of currency from one to another is a natural process, each entity chooses to do it based on their sentiment towards the currencies in question at that time.

The purpose of IPM is to promote fair balance and reasonable stability in all areas of Bitmark, as each area scales.

Suggest anything you like, all input on any avenue of the project is greatly appreciated and makes for an interesting discussion thread.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
iaminitnow06
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July 20, 2014, 02:29:16 PM
 #617


Thank you as always for your support and kind words.

Adoption
Creating GetMarked will be enjoyable, I feel it is something my friends and family would use.

Reputation systems such as scores, karma, and likes have proven successful, Marks are a distributed reputation system which can follow a user around the web, and also real life. The novel part is that they are backed by currency, they are literally currency, the more the marking system is used the higher the value of each single mark. This adds a layer of competition and incentivization for users, they will compete for marks and watch the value rise. Natural milestones exist, to get 1000 Marks, and later 100, adoption milestones where a mark is worth a cent, then ten. Eventually marking something could be synonymous with paying for something. Marks are to be earned, each mark earned by an individual adds value to all.

Consider marks to be spendable karma, an amusing post on a social network could pay for your coffee, marking a video of the crisis in syria could pay for aid on the ground, marking an article about a mistreated animal could pay for it's shelter, and marking this idea could pay for it's creation.

If I can explain it's far reaching impact in under a minute, then getmarked has merit and should be a priority for our project.

Transitioning
The process of a business transitioning from Bitcoin or Bitcoin based currencies to Bitmark is not so ambitious, and not so hard.

The question of 'Why?' is the one we must answer with a list of things of things which earn and maintain value. There are early bird incentives for any business who may adopt and take profit in BTM, the profit margin on a pair of shoes today may pay for a new point of sale terminal later.

Many of the technical considerations are minimal to any business who already uses cryptographic currency, as bitmark is always based on the current release of bitcoin, it is completely compatible today and next year.

I agree that it is wise to start work on an executive level model, and something which answers questions like 'can we use the same address?' and 'will our ecommerce system work with bitmark?', the answers to which we know are no and yes respectively.

You can be sure that both the community and I will support you in creating the document, as you are part of the community and we can all see this kind of support is what drives the project.

If i may suggest something. In Nxt, we have a mining asset, which we buy ghs for life which mines btc and in the end of the week those btc is converted to nxt and paid as dividends. Can't we do the same?

The ability to do this in any manner for any set of currencies already exists, anybody can do it in any direction. The flow of currency from one to another is a natural process, each entity chooses to do it based on their sentiment towards the currencies in question at that time.

The purpose of IPM is to promote fair balance and reasonable stability in all areas of Bitmark, as each area scales.

Suggest anything you like, all input on any avenue of the project is greatly appreciated and makes for an interesting discussion thread.
^^Very interesting ideas and also inspiring at the same time. I feel frustrated that some of my other crypto investments did not pan out well. I was committed to support this project and still am, but it'll just take some more time than I'd thought of. I will start mining this coin as soon as I get the required investment.
It is just refreshing to drop by into this thread to see continuous commitment and amazing ideas after wandering in this chaos-filled forum  Smiley

NEM(NEW ECONOMY MOVEMENT) - https://bitcointalk.org/index.php?topic=654845.0 | http://forum.nemcoin.com/ | http://altnemo.com/
NBOCOW-D45UHF-A7CJUX-HK7PD3-KUEXEP-PMECIZ-BJFP
dannygroove
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July 20, 2014, 07:38:55 PM
 #618

Is there still some room to acquire some BTM by investing in the IPM pool?

Also, do we have a reddit for open discussion?
http://www.reddit.com/r/bitmark
coinsolidation
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July 20, 2014, 09:15:44 PM
 #619

Very interesting ideas and also inspiring at the same time. I feel frustrated that some of my other crypto investments did not pan out well. I was committed to support this project and still am, but it'll just take some more time than I'd thought of. I will start mining this coin as soon as I get the required investment.
It is just refreshing to drop by into this thread to see continuous commitment and amazing ideas after wandering in this chaos-filled forum  Smiley

Thank you. There is plenty of time to get involved, the block reward doesn't change for 18 months and when it does it only reduces by a quarter. No rush on this coin, let's do it right.

I would like to propose 'GetMarked' properly, a domain name for the project is required, and the obvious ones are already registered.

Is there still some room to acquire some BTM by investing in the IPM pool?

Also, do we have a reddit for open discussion?
http://www.reddit.com/r/bitmark

I created r/bitmark several days ago in anticipation that we may need it, it's there whenever people feel they want to.

There is still room on the IPM Pool Test, 0.554 BTC of space exactly which allows us to run the pool for a full 48 hours going through two difficulty changes and see how the network really reacts to it's presence.
I have been trying to hold off running it until more people join so that we can do an extended test, and consider how to handle the occasions when the rental contracts drift in to the next mining day.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
dannygroove
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July 20, 2014, 10:39:46 PM
 #620

Is there still some room to acquire some BTM by investing in the IPM pool?

Also, do we have a reddit for open discussion?
http://www.reddit.com/r/bitmark

I created r/bitmark several days ago in anticipation that we may need it, it's there whenever people feel they want to.

There is still room on the IPM Pool Test, 0.554 BTC of space exactly which allows us to run the pool for a full 48 hours going through two difficulty changes and see how the network really reacts to it's presence.
I have been trying to hold off running it until more people join so that we can do an extended test, and consider how to handle the occasions when the rental contracts drift in to the next mining day.
[/quote]

Ok, what would be the next step if I want to buy in? Thanks in advance
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